Germany's Schaeuble says scope for tax cuts is limited

German Finance Minister Wolfgang Schaeuble rejected demands on Saturday from some fellow conservatives for large tax cuts after a September election, saying there was only scope for about 15 billion euros in reductions.Schaeuble, whose priority is maintaining a balanced budget in Europe's biggest economy, told Badische Neueste Nachrichten newspaper that deeper tax cuts would require new debt.Some members of Chancellor Angela Merkel's Christian Democrats (CDU) want to see tax cuts of about 30 bil